Crypto Exchange Coinbase announced on Tuesday the launch of Verified Pools, a new service which he claims to reduce the risk of counterpart of the participants in decentralized finance (DEFI).
The verified pools are liquidity pools – collection collections that facilitate digital asset transactions – available for users who complete the process of verification of the identity of Coinbase.
The service is designed for institutional and detail merchants, offering Verified Kyc liquidity pools to maintain what Coinbase positions as the opening and efficiency of chain markets, according to a statement.
The verified pools are powered by the layer 2 network of layer 2 of Coinbase, the base, and uses the UNISWAP V4 protocol. The exchange has also teamed up with Gauntlet, a risk management company, to consolidate liquidity.
The pools are non -guardians, which means that users maintain control of their assets.
The KYC element is one of the wider efforts of Coinbase to remain in conformity because it seeks to develop access to certain offers, especially in New York.
The checked pools are connected via the first-rate “institutional quality” portfolio of Coinbase, the Coinbase portfolio or any other portfolio stamped with a Coinbase Verification Diploma, he said.
Initially, the verified swimming pools will be available in certain regions, notably in the United States, Singapore, the Netherlands, the British Virgin Islands, the Cayman Islands and the Anglo-Norman Islands.
Users must complete the KYC process of Coinbase to participate, providing a higher level of insurance to institutions that hesitated to reach the DEFI markets due to concerns about regulatory compliance and safety.
Coinbase seems to be in a favorable position these days under the administration of President Donald Trump, who is on the way to make the country the “Cryptographic capital“People with pro-Crypto policies.
After a legal battle of several years, the American Commission for Securities and Exchange (SEC) dropped his trial Against exchange, opening the way to Coinbase to operate more freely in the country.
Aside from the verified swimming pools, Coinbase revealed plans Offer 24/7 Bitcoin And Ethereum long -term trading On its Coinbase derived platform in the coming weeks.
Coinbase too announcement He will launch perpetual style contracts in the United States, with prolonged expiration dates, further expanding his trading options in the long term.
Edited by Sebastian Sinclair
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